"The documentary's basic thesis is that no matter what crypto can make possible in theory, in practice it is barely a currency; it is used for digital payments far less often than crypto boosters claim."
"Cryptocurrency is a 'weird' investment because 'you don't own anything,' McKenzie tells me when we meet at a Brooklyn café in March. 'You own a piece of code.'"
"McKenzie believes that his movie is even more relevant now, following the conviction of Sam Bankman-Fried, who stole $8 billion from customers."
Ben McKenzie, known for his role in The O.C., has created a documentary titled Everyone is Lying to You for Money, which critiques the crypto industry. After losing acting work during the pandemic, he spent six years researching cryptocurrency, culminating in this film. The documentary features interviews with victims and fraudsters, including Sam Bankman-Fried. McKenzie argues that cryptocurrency is not a practical currency but rather a form of gambling, emphasizing that investors own only a piece of code, not tangible assets.
Read at Fast Company
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